#BinanceAlphaAlert
Is Bedrock (BR) Awakening? Let’s Break Down the Chart!
After a prolonged downtrend from its March high of $0.2218, Bedrock (BR) is showing signs of life again—bouncing back by +25.66%, now trading at $0.0565.
What’s catching attention?
Support Established: The token found a local bottom at $0.0389 on April 12, forming a potential reversal base.
MA(7) Bullish Cross: BR just crossed above the 7-day moving average of $0.0459, a short-term bullish signal.
Volume Surge: A noticeable uptick in volume could be signaling renewed interest from traders.
Next Key Resistance: The 25-day MA at $0.0684 is the next hurdle. Breaking it could open the path toward the $0.11–$0.15 range.
What’s driving this move? Check out the BedrockDAO platform. Their vision to reshape decentralized governance through infrastructure-building and utility-based tokenomics is gaining traction. With a growing holder base of 80,789 and liquidity over $2.6M, this could be more than just a pump.
TA Verdict: Watching closely. If BR holds above the recent breakout, we could see a trend reversal forming. However, caution is key—breakouts need confirmation.
Are you riding the Bedrock wave or waiting for a pullback?